Total crypto market cap takes another hit, but traders remain neutral

Total crypto market cap takes another hit, but traders remain neutral

Total crypto market cap takes another hit, but traders remain neutral

The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14.

The rejection did not invalidate the 4-week-long ascending channel, but a weekly close below $825 billion will confirm a shift to the lower band and reduce the support level to $790 billion.

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https://cointelegraph.com/news/total-crypto-market-cap-takes-another-hit-but-traders-remain-neutral